With the Holiday Shopping Season around the corner, the CVCC Small Business Center and the North Carolina Community College Small Business Center Network (SBCN) are encouraging local consumers to #ShopSmall by supporting local small businesses on November 29, which is Small Business Saturday® .
Nestled between Black Friday and Cyber Monday, Small Business Saturday® has quickly become a nationally recognized day to support local independent merchants.
“We encourage all consumers to set aside a portion of their holiday shopping budgets to support local businesses,” said CVCC Small Business Center Director Jeff Neuville. “A strong small business community is a key to our community’s economic health.”
Small Business Saturday® was founded by American Express in 2010 as a day to celebrate local businesses through the launch of the holiday shopping season. The day has since grown into a powerful movement in support of local small businesses that make our community unique.
Consumer spending with independent merchants during the 2013 Small Business Saturday® neared $5.7 billion according to the results of a survey conducted by the National Federation of Independent Business (NFIB). A recent forecast by consulting and financial advising firm Deloitte, US indicates that holiday shopping sales are expected to increase by as much as 4.5 percent in the 2014 season, with sales expecting to total between $981 and $986 billion.
“Small independent businesses are the backbone of America. By supporting independent business owners, citizens contribute to a vibrant local economy. Explore the shops of Downtown Hickory on Small Business Saturday,” said Connie Kincaid, Executive Director of Hickory Downtown Development Association.
Sixty million workers in the United States are employed by small business, accounting for approximately, half of the private sector workforce. The Small Business Administration (SBA) reports that Small Businesses were also the driving force for 63 percent of new net private sector jobs created between 1993 and mid-2013. Furthermore, in the state of North Carolina 47 percent of the workforce is employed in a small business setting.
The mission of the NC Community Colleges Small Business Center Network (SBCN) is to increase the success rate and number of viable small businesses in North Carolina by providing high quality, readily accessible assistance to prospective and existing small business owners, which will lead to job creation and retention. The SBCN assists in the establishment of more than 650 businesses each year. Small Business Centers have an economic impact in 90 percent of all N.C. Counties, including helping to create and retain over 3,000 jobs annually. For more information, contact the CVCC Small Business Center at 828-327-7000, ext. 4117 or visit http://sbc.cvcc.edu.